Tech Mahindra Ltd.
43.90 (2.58%) Tech Mahindra reports 26% rise in Q2 consolidated net profit
Date: 26-10-2021Tech Mahindra has reported results for second quarter ended September 30, 2021.
The company has reported a rise of 62.19% in its net profit at Rs 1559.50 crore for the quarter under review as compared to Rs 961.50 crore for the same quarter in the previous year. Total income of the company increased by 20.55% at 9,114.90 crore for Q2FY22 as compared Rs 7,561.40 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 25.75% in its net profit attributable to owners of the company at Rs 1338.7 crore for the quarter under review as compared to Rs 1064.6 crore for the same quarter in the previous year. Total income of the company increased by 17.64% at Rs 11,163.40 crore for Q2FY22 as compared Rs 9,489.30 crore for the corresponding quarter previous year.